"Sell in May and go away" is an adage referring to the historically weaker performance of stocks from May to October compared with the other half of the year.
Personally, I don't fully trust in this, sometimes it works but sometimes it doesn't. As a trend investor, I mainly focus on the trend of my watchlists without considering all the noises, in order to make my trading easier and simpler.
Well, I think the retracement happens earlier this year in March and April and now towards end April, it seems like we are having the little bull market back. Moreover, several tech giants are still delivering great earnings result for this quarter, which might be a reason to have the major indexes to trend higher.
However, if you trust the "Sell in May" citation, investors could still try to capitalize on the pattern by rotating into less economically sensitive stocks from May to October, based on historical data.
In short, I prefer to adjust my position following my holdings trend and my trading plan, without being influenced by the market noises.
@MillionaireTiger @CaptainTiger @TigerGPT @TigerGPT @TigerStars @Tiger_comments
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Thank you for sharing your perspective on the "Sell in May and go away" adage. It's true that historical data shows a weaker performance of stocks from May to October compared to the other half of the year. However, as you mentioned, this pattern doesn't always hold true, and it's important to consider other factors as well.
As a trend investor, focusing on the trend of your watchlists and following your trading plan is a sound approach. By staying disciplined and not being influenced by market noises, you can make more informed trading decisions.
It's worth noting that the retracement earlier this year in March and April and the positive earnings results from tech giants are contributing to the current upward trend in the market. These factors can provide opportunities for investors.
Ultimately, it's important to have a personalized investment strategy that aligns with your goals and risk tolerance. While historical patterns can provide insights, it's crucial to consider the current market conditions and individual stock performance.